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Some experts are optimistic about the return of factory jobs because of rising Chinese wages -- University of Southern California economist Baizhu Chen says they've risen a whopping 14percentt a year during the past decade -- along with a declining dollar and skyrocketing oil prices that have driven up shipping costs by about 71percentt.
Exports are being helped by a declining dollar against many major currencies.
In 8 of those 13, a declining dollar was adding to American returns.
For the U.S. economy, a declining dollar creates winners and losers.
The Fed chairman thinks that over time a declining dollar and other adjustments will reduce U.S. demand for expensive imports.
The result, say unhappy Europeans, is that the euro bears a disproportionate share of the pressure of a declining dollar.
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Exploring the city's design bonanza for the "Style Map" on Page 50, she discovered the upside of shopping with a rapidly declining dollar.
"There is some hesitation to make too much waves," as well as a wariness of the declining dollar, said Victor Shih, a Chinese finance expert at Northwestern University.
Strong American spending and rising oil prices drove up the U.S. trade gap to a record in April, stoking worries a declining U.S. dollar and faltering stock market could drive off crucial foreign investors and ultimately crimp economic growth.
Some stocks that could do well in a declining-dollar environment include Microsoft, Intel, Ford, ExxonMobil and Citigroup.
IT helps to have a weak dollar and a declining auto market.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com